Top Metaverse Stocks To Add to Your Watchlist – March 4th

NVIDIA, Accenture, Globant, SK Telecom, Future FinTech Group, PowerUp Acquisition, and Super League Enterprise are the seven Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are equities in companies actively developing or investing in technologies that create immersive digital environments, including virtual reality, augmented reality, and blockchain-based systems. These companies are poised to benefit from the blend of physical and digital experiences, positioning them for potential long-term growth as the metaverse concept evolves and expands. These companies had the highest dollar trading volume of any Metaverse stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NVDA stock traded up $3.22 during midday trading on Tuesday, hitting $117.28. The company had a trading volume of 244,446,607 shares, compared to its average volume of 276,860,906. NVIDIA has a 52-week low of $75.61 and a 52-week high of $153.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The company’s 50 day simple moving average is $133.68 and its 200 day simple moving average is $132.06. The stock has a market cap of $2.86 trillion, a price-to-earnings ratio of 46.08, a PEG ratio of 1.76 and a beta of 1.62.

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Shares of ACN stock traded up $1.46 during mid-day trading on Tuesday, hitting $346.45. The stock had a trading volume of 1,563,583 shares, compared to its average volume of 2,673,731. Accenture has a fifty-two week low of $278.69 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47. The company’s 50-day simple moving average is $366.99 and its 200-day simple moving average is $358.24. The firm has a market cap of $216.81 billion, a PE ratio of 28.97, a PEG ratio of 3.23 and a beta of 1.24.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

NYSE:GLOB traded up $1.96 during mid-day trading on Tuesday, reaching $145.52. The stock had a trading volume of 284,036 shares, compared to its average volume of 762,092. Globant has a twelve month low of $140.88 and a twelve month high of $238.32. The business has a 50 day simple moving average of $205.65 and a 200 day simple moving average of $209.38. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 38.98, a PEG ratio of 2.38 and a beta of 1.39.

SK Telecom (SKM)

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.

Shares of SKM stock traded down $0.19 during trading hours on Tuesday, reaching $21.48. 199,643 shares of the company’s stock were exchanged, compared to its average volume of 240,521. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.91 and a quick ratio of 0.88. The company’s 50 day moving average is $21.60 and its two-hundred day moving average is $22.54. The company has a market cap of $8.46 billion, a P/E ratio of 8.76, a price-to-earnings-growth ratio of 1.27 and a beta of 0.80. SK Telecom has a 1 year low of $19.88 and a 1 year high of $24.58.

Future FinTech Group (FTFT)

Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.

FTFT stock traded down $0.00 on Tuesday, reaching $0.25. 3,978,141 shares of the company’s stock were exchanged, compared to its average volume of 5,823,454. The stock has a fifty day moving average of $0.27 and a 200-day moving average of $0.32. Future FinTech Group has a twelve month low of $0.19 and a twelve month high of $1.21.

PowerUp Acquisition (PWUP)

PowerUp Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on video gaming, gaming adjacent, and metaverse businesses.

Shares of NASDAQ PWUP traded down $0.49 during trading on Tuesday, hitting $1.01. 594,322 shares of the company were exchanged, compared to its average volume of 6,373. PowerUp Acquisition has a 1 year low of $8.05 and a 1 year high of $15.80. The firm’s fifty day moving average price is $10.11 and its 200 day moving average price is $11.06.

Super League Enterprise (SLE)

Super League Enterprise, Inc. creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.

SLE stock traded up $0.05 during trading on Tuesday, reaching $0.38. 1,169,320 shares of the company were exchanged, compared to its average volume of 119,513. Super League Enterprise has a 52-week low of $0.31 and a 52-week high of $2.62. The company has a market cap of $6.33 million, a P/E ratio of -0.07 and a beta of 1.74. The stock’s 50 day moving average price is $0.58 and its 200 day moving average price is $0.75.